Profitable multi-use Restaurant for Sale with Bar, Indoor/Outdoor Events Venue and more. Located in Beautiful Upstate New York in Oswego County. 2019 Revenue of Over $900,000 generated over $100,000 in EBITDA for a semi-absentee owner. Experienced Staff in place. Purchase Price includes Real Estate consisting of close 5 Acres in size, 15000 square feet of inside space, and undeveloped waterfront property, and Living Quarters.
If you live in New York, New Jersey, Pennsylvania or the surrounding Tri-state area, this is the opportunity you've dreamed of. A beautiful slice of heaven in upstate New York that generates a six figure income. Keep in mind, $100,000 in Oswego County likely goes further than double or triple the income inside the hustle and bustle of the urban areas near New York. The Owner of this incredible real estate and restaurant for sale
business has built up the revenue and reputation for the last seven years and now it's time to pass the torch to the next owner. But rest assured, the current owner will ensure you are trained and ready to take over this venue along with it's experienced staff and multiple revenue streams.
Oswego County, home to this Restaurant for Sale with Bar and Events Venue is located approximately four and one half hours from New York City and offers year-round fun and recreation for everyone! History, festivals, fishing and outdoor activities highlight each season. Oswego County is just north of Syracuse and northwest of Utica, on the eastern shore of Lake Ontario. We Sell Restaurants
know this is a great location for such a profitable business!
The venue is 15,000 square feet and consists of a restaurant, bar and special events area. In total it can accommodate over 300 people inside and out. A local destination, not only for dining out, but also for weddings, showers, and other occasions, the new owner would immediately from the many bookings already planned for 2021. Additionally there is revenue from drop off catering and other sources. The experienced kitchen and service staff ensure the business runs smoothly. The owner spends approximately 10 to 20 hours a week on leadership and operations. Don't miss out on, not only a strong business, but a lifestyle opportunity all rolled-up in one amazing package. Contact your restaurant brokers at We Sell Restaurants today for more information on this Restaurant for Sale with Bar, and Events Venue.
Please note that the Real Estate is being marketed by We Sell Restaurants on behalf of a licensed real estate agent in the state of New York.
This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval.
The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios.
The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise.
The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.
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